Confidence, Crashes and Self-Fulfilling Prophecies
by
Roger E. A. Farmer
Language: English
Release Date: April 8, 2010
"Of all the economic bubbles that have been pricked," the editors of The Economist recently observed, "few have burst more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking...